Muncy Columbia Financial Q2 net income $4.7M ($1.32/sh) vs $1.5M ($0.71) in Q2 2023

MUNCY COLUMBIA FINANCIAL Corp

2024-Q2 EPS reported $2.45

Q2 net income $4.707M ($1.32 EPS) vs $1.462M ($0.71 EPS) in Q2 2023; 6-month net income $8.743M ($2.45 EPS).
Return on assets 1.20% and return on equity 12.28% for Q2 2024, up from 0.71% and 7.63% in Q2 2023.
Fully-tax equivalent net interest margin improved to 3.36% for H1 2024 from 2.32% in H1 2023.
Total deposits increased $52.1M as Bank migrated customer repurchase agreements to core deposits; short-term borrowings decreased $36.6M.
Book value per share $44.11 at June 30, 2024 vs $43.08 at Dec 31, 2023; equity-to-assets ratio 9.90%.

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